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Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint

Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint

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Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint (Photo: AETOSWire) Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-largest apparel group by market…

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Starlink suffers rare global outage

Starlink suffers rare global outage

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SpaceX’s Starlink suffered one of its biggest international outages on Thursday when an internal software failure knocked users offline, a rare disruption for Elon Musk’s powerful satellite internet system. Users in the US and Europe began experiencing the outage at around 9pm SAST, according to Downdetector, a crowdsourced outage tracker. Starlink, which has more than…

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Africa: No more missed opportunities – Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption

Africa: No more missed opportunities – Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption

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The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in…

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Mimecast appoints global channel lead

Mimecast appoints global channel lead

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Michael McCollough, senior VP of worldwide partners and alliances at Mimecast. Cyber security firm Mimecast has named Michael McCollough as its senior VP of worldwide partners and alliances. In a statement, Mimecast said the hire was crucial as the company continues to expand its global partner ecosystem, with a particular emphasis on managed service providers…

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Africa: What Makes a Person Cool? Global Study Has Some Answers

Africa: Global Food Demand in Middle-Income Nations Is Rising, UN Report Says

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New York — As incomes rise in middle-income countries, so does the demand for animal-sourced calories, resulting in large increases to global food production, and raising the importance for sustainable agriculture amidst growing concerns of climate change. According to a new joint report from the Food and Agricultural Organization (FAO) and the Organization for Economic…

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Africa: Over 100 million more people were reached with digital accounts, as global momentum builds

Africa: Over 100 million more people were reached with digital accounts, as global momentum builds

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Brussels, 21 July 2025 – The Better Than Cash Alliance, hosted by the United Nations Development Programme (UNDP) through its Sustainable Finance Hub, supported its members in enabling digital payments for more than 100 million people in 2024. This milestone marks major progress in advancing financial inclusion, especially for women, with 82% of advisory services…

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